Targa Resources Corp. (TRGP)
| Market Cap | 8.77B |
| Revenue (ttm) | 9.84B |
| Net Income (ttm) | 209.60M |
| Shares Out | 228.50M |
| EPS (ttm) | -7.26 |
| PE Ratio | n/a |
| Forward PE | 29.15 |
| Dividend | $0.40 |
| Dividend Yield | 1.05% |
| Trading Day | May 7 |
| Last Price | $38.23 |
| Previous Close | $37.16 |
| Change ($) | 1.07 |
| Change (%) | 2.88% |
| Day's Open | 37.17 |
| Day's Range | 36.83 - 38.45 |
| Day's Volume | 2,115,819 |
| 52-Week Range | 12.86 - 38.45 |
HOUSTON, May 06, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported first quarter 2021 results.
Despite an already massive run off the lows of last year, oil looks to be heading higher.
HOUSTON, April 15, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferr...
HOUSTON, March 24, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at t...
Targa Resources, Inc. (TRGP) reported earnings 30 days ago. What's next for the stock?
HOUSTON, March 02, 2021 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) today announced it has completed the 2020 tax packages for the holders of Targa ...
HOUSTON, March 01, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at t...
Targa Resources' (TRGP) fourth-quarter 2020 distributable cash flow (DCF) of $293.9 million is 10.3% less than $327.8 million in the year-ago period.
HOUSTON, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE:TRGP) ("TRC" or the "Company") and Targa Resources Partners LP ("Targa Resources Partners" or the "Partnership") have filed their r...
Shares of Targa Resources (NYSE:TRGP) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share were up 236.36% year over year to $0.15, which missed the estimate o...
HOUSTON, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported fourth quarter and full year 2020 results.
Targa Resources (TRGP) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
HOUSTON, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced that it continues to expect to report its fourth quarter 2020 financial results before ...
Energy stocks like Ovintiv (OVV), PDC Energy (PDCE),, Pioneer Natural Resources (PXD), Diamondback Energy (FANG) and Targa Resources (TRGP) have the potential to deliver better-than-expected Q4 earnings.
When a broker upgrades a stock, you can rely on their judgment. Hence, we select Pilgrim's Pride (PPC), Century Communities (CCS), Synaptics (SYNA), Targa Resources (TRGP) and Artisan Partners (APAM) as...
HOUSTON, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE:TRGP) announced today that its previ...
Targa's price nearly doubled since the end of October. But that appreciation is far from done.
HOUSTON, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at th...
HOUSTON, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferre...
HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE: TRGP), and the Partnership's subsidiary Targa Resources Partners ...
HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE: TRGP), and the Partnership's subsidiary Targa Resources Partners ...
HOUSTON, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE:TRGP) announced today that it has co...
HOUSTON, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at th...
Targa Resources massively reduced their dividends in early 2020 in order to focus on deleveraging but has since talked up share buybacks. Management is still speaking of focusing on deleveraging but thi...
HOUSTON, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that Paul W. Chung retired from the management team and was appointed Chairman of...
Investors need to pay close attention to Targa Resources (TRGP) stock based on the movements in the options market lately.
HOUSTON, Dec. 03, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings at th...
Targa Resources' (TRGP) third-quarter 2020 distributable cash flow (DCF) of $294.7 million is 28.2% more than $229.9 million in the year-ago period.
HOUSTON, Nov. 19, 2020 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE: TRGP) (the “Company”), today announced that it intends to redeem ...
HOUSTON, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership's 9.00% S...
HOUSTON, Nov. 13, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that representatives from the Company will participate in investor meetings via v...
Targa Resources Corp (TRGP) CEO Matt Meloy on Q3 2020 Results - Earnings Call Transcript
HOUSTON, Nov. 05, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRC”, the “Company” or “Targa”) today reported third quarter 2020 results.
Targa has significant exposure to a natural gas which is a fast-growing business. Targa has a great location which ensures a relatively strong recovery as well as future growth prospects.
Targa Resources: Focusing On Deleveraging Didn't Last Long
HOUSTON, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (“Targa” or the “Company”) (NYSE: TRGP) announced its quarterly dividend on common shares and its quarterly dividend on Series A preferre...
The management team at Targa Resources recently announced its plan to buy back $500 million worth of stock.
Per the new share buyback program, Targa (TRGP) is authorized to repurchase up to $500 million worth of its shares, which is already on track.
Targa Resources authorizes share repurchases, sparking confidence into a period of uncertainty.
With market conditions improving, it's using its free cash flow to gobble up its beaten-down stock.
Shares of energy midstream company Targa Resources Corp. (NYSE: TRGP) jumped by more than 6% in Monday’s premarket session following the company’s announcement of a $500 million share buyback program th...
HOUSTON, Oct. 05, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“Targa” or the “Company”) announced today that the board of directors of the Company has authorized a share repurchase prog...
HOUSTON, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) ("Targa" or the "Company") announced today that its Sustainability Report for 2019 is now available on the Company’s webs...
Targa Resources, Inc. (TRGP) reported earnings 30 days ago.
Guidance from experts is highly desirable. You can follow rating upgrades by brokers as they have a deeper understanding of what's happening in a particular company.
Targa Resources (TRGP) reiterates its growth capital spending guidance of $700-$800 million for 2020.
HOUSTON, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”), a subsidiary of Targa Resources Corp. (NYSE:TRGP) announced today that its pre...
About TRGP
Targa Resources Corp., together with its subsidiary, Targa Resources Partners LP, owns, operates, acquires, and develops a portfolio of midstream energy assets in North America. It operates in two segments, Gathering and Processing, and Logistics and Transportation. The company engages in gathering, compressing, treating, processing, transporting, and selling natural gas; storing, fractionating, treating, transporting, and selling natural gas liquids (NGL) and NGL products, including services to liquefied petroleum gas exporters; and gathering,... [Read more...]
| Industry Oil & Gas Midstream | IPO Date Dec 7, 2010 |
| CEO Joe Perkins | Employees 2,372 |
| Stock Exchange NYSE | Ticker Symbol TRGP |
Financial Performance
In 2020, TRGP's revenue was $8.26 billion, a decrease of -4.74% compared to the previous year's $8.67 billion. Losses were -$1.55 billion, 642.8% more than in 2019.
Analyst Forecasts
According to 21 analysts, the average rating for TRGP stock is "Buy." The 12-month stock price forecast is 39.75, which is an increase of 3.98% from the latest price.